(Family Features) Whether you plan on building a home from the ground up, purchasing new construction or adding value to your current residence, there are many opportunities for upgrades at home.

In a recent ClosetMaid® study, 45 percent of existing homebuyers noted that they have made changes to their master bedroom closet since moving in. In addition, 61 percent of new-home buyers said they are considering renovating or upgrading their master closet within 18 months. When considering where to make investments in your home, don't close the door on the closet! You can create the closet of your dreams with a few simple tips.

1. Add paint and update the lighting – Bring bedroom paint into the closet. This makes the space feel like a true extension of your bedroom, not a forgotten area behind closed doors. Great lighting is also important in a closet – it helps you to see everything clearly.

2. Utilize more space – Most master bedroom closets come standard with only a single shelf and rod. Since most closets have little need for so much long hanging space, professional organizer Lorie Marrero, author of "The Clutter Diet," suggests improving your closet with the addition of double hang space. A good rule of thumb is 84 inches for the top shelf and 42 inches for the lower shelf.

3. Consider accessories – If you plan to update your closet with a wire system, there are a multitude of accessories you may want to include, such as a tie and belt rack or shoe shelves. You may also consider installing a laminate or wood system with drawers, doors, decorative molding and more to transform your closet into a personal haven.

Investing in a functional closet organizing system can help you save time now by reducing the stress of finding items when you need them, and benefit you in the future by adding extra value to your home.